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Spagett+yeah we don't even know if OP is looking for an undergrad or grad program or anything about his grades, work experience/ internships or where he is even from. All these kids saying HBS or it isn't worth it are just trying to seem like they know a lot about education because they know that ivy league schools have good graduate programs (as shocking as that is).
californiagrownIMO, if your MBA isn't from a top 10 your time and money could have been better spent elsewhere.
californiagrownIMO, if your MBA isn't from a top 10 your time and money could have been better spent elsewhere.
Spagett+The "top 10" is too subjective. There are graduates from schools like Carnegie mellon (really good but not "top 10" making billions managing hedge funds and GSB grads working at schools teaching econ. To be successful in business a person needs a lot more than just a degree with a good name on it.
californiagrownHighly successful people tend to be the ones that get in...
iFlipThere is a lot of not-so-good information in this post. I probably have more experience in the area of MBAs and top schools than anyone else here. What is undoubtedly true is that an MBA from a top school (we'll let that definition fall wherever for now) is absolutely worth more than an MBA from a less-desirable school. Top schools recruit MBA candidates in two ways:
1: They recruit geniuses, those who earned 4.0 GPAs, have solid work experience, and bright futures. 2: They recruit big names, people with last names like Rockefeller, Kennedy, and the like. These people will be entering senior management on merit of their family, whether they are the sons of CEOs, the sons of Senators, etc.
This brings about a great balance, which is the primary reason for entering a top-ranked school. The "made men" who will be CEOs regardless will meet the geniuses, who they will then hire. Thus the university succeeds in securing bright futures for all of its students. Harvard has said that it tries to split the ratio for this reason.
Now, is an MBA from a lesser school worthless? No. Worth less, yes. A Columbia MBA will get you in the door at Ernst & Young, P&G, JP Morgan, etc. Is this door impossible to open with an MBA from a lesser school? Of course not, but you will really have to put all your strength into opening that door. The big firms recruit from the top schools. Don't believe me? Look at a list of the employers who come to MIT's career fair (information is available on their website). Then contrast this with the employers who come to, say, NC State's career fair (again, information available on their website).
Getting into a top MBA program is extremely difficult for an average candidate. You will need solid work experience, a kick-ass GMAT score, a good undergraduate GPA, and hopefully letters of recommendation from the CEO of a major company and other "important people." Now, the conundrum of MBA or no MBA comes into play. Realistically you (whoever is reading this) is unlikely to get into a top school. Have you looked into a 4+1 MBA program? Many schools offer this, and not always just combined with an undergrad business degree. Some schools will do a 4+1 MBA degree that combines with an undergraduate degree of English, or similar subject. You will obviously have to take some business courses while you are undergrad, but having this 4+1 MBA does not represent a great outlay of time or money. You will not have to study for and take the GMAT. It gives you tremendous options.
An MBA, regardless of school, requires a good deal of work. You may be able to glide through a liberal arts degree, but an MBA will force you to take a great many courses you cannot BS your way through. If you do decide to get an MBA, apply yourself. Your GPA will matter. You had better actually learn the skills you are being taught. There will be a lot of statistics, accounting, finance, and other skills-on courses.
Spagett+yeah this guy is trolling or just a kid pulling names of colleges he thinks are good out of his ass.
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iFlipTop 10? I think your top 10 is not a real top 10, and is thus crap. The top 10 business schools look like this:
1: Stanford
2: Harvard
3: Northwestern
4: Columbia
5: Dartmouth
6: Chicago
7: UPenn
8: Berkely
9: MIT
10: Cornell
See how that list doesn't even include Yale, Princeton, Brown, NYU, etc? When it comes to business schools, the elite schools truly are king. That name will get you into the Fortune 500, the Fortune 100, etc. It will open doors, get you interviews, internships, and so on. The alumni networks are phenomenal. The career resource centers truly help. The companies that come recruit at the job fairs are the real deal, and are not going to waste their time at state schools.
OP, if you have the grades and accolades to get into a truly top school, you should absolutely do it. The name matters even more than you probably think it does. The education may or not be superior, but the name and resources make it all worthwhile. This is almost certainly more true in the business world than for any other major.
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Peter.i'm talking undergrad business degrees..
http://www.bloomberg.com/bschools/rankings/undergraduate_mba_profiles
BenWhitIt's funny that you think the idea of you earning a higher salary than me would make me feel lesser than you.
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californiagrownIf it didnt make you feel lesser, you wouldnt be so butt-hurt by it.
Career wise, an under 30 lawyer from Stanford Law is doing better than pretty much everyone.
.MASSHOLE.connections help a lot more.
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Peter.connections factors in to a good business school
.MASSHOLE.Yes, but undergraduate business schools really do not have the same effect as an MBA program.
.MASSHOLE.Yes, but undergraduate business schools really do not have the same effect as an MBA program.